Break-through bowel cancer medical device company raises $4.3m

A medical device company whose products help speed up the recovery from bowel cancer surgery has raised $4.3 million through an early stage capital raising.

Surgical Design Studios (SDS) was founded two years ago at the University of Auckland's Medical School department of surgery with help from MedTech CORE - a medical commercialisation arm funded by the Tertiary Education Commission and UniServices.

It has developed a range of medical devices that reduce the time it takes until patients can use their guts again following bowel surgery from five months to two weeks.

Greg O'Grady, co-founder and chief science officer at SDS, said its testing showed significant health benefits with reductions in clinical complications such as dehydration and infection.

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By www.nzherald.co.nz, 1 Aug 2019



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